Posted on 05/26/2015 12:21:38 PM PDT by tcrlaf
Mitsubishi UFJ Financial Group is said to be among 12 companies which have signed non-disclosure agreements over the prospective acquisition of GE Capital Sponsor Finance.
According to peHub, which first reported the news, other companies that have signed NDAs include Apollo Management and Ares Management.
Other potential buyers are said to be Blackstone Group LP, Wells Fargo & Co, and American fleet management company Element.
GE Capital Sponsor Finance is expected to sell within 90 days.
In April, General Electric announced it was selling its global fleet management and leasing businesses because it was becoming increasingly difficult to generate a profit.
(Excerpt) Read more at fleetnews.co.uk ...
Interestingly, GE has been lobbying to have its GE Capital operations named as a "Systemically Important Financial Institution", meaning "Too Big To Fail".
GE Cap might be in a lot more trouble than we realize....
GE Capital is the only company to have ever earned a corporate wide prohibition on doing business with the Fortune 500 company for which I work.
“O” is watching that guy’s lips move so he can pretend that he actually GETS what the guy is talking about....
Idiots DO that... to look ‘smart’.
The General Electric Corporation is now running ads (heard on WABC Radio) bragging about how they're building a comprehensive, global database of individual medical records ("for every person on the planet"). We recall wondering what sort "stimulus" would be in the cards for giant GE when we saw pictures of its CEO Jeffrey Immelt hanging out with President Obama last year.
Obama has girlie hands.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.